Earnings summaries and quarterly performance for BlackSky Technology.
Executive leadership at BlackSky Technology.
Board of directors at BlackSky Technology.
Research analysts who have asked questions during BlackSky Technology earnings calls.
Jaeson Schmidt
Lake Street Capital Markets
4 questions for BKSY
Austin Moeller
Canaccord Genuity
3 questions for BKSY
Joshua Sullivan
The Benchmark Company
3 questions for BKSY
Scott Buck
H.C. Wainwright
3 questions for BKSY
Timothy Horan
Oppenheimer & Co. Inc.
3 questions for BKSY
Caleb Henry
Quilty Space
2 questions for BKSY
Christopher Quilty
Quilty Space
2 questions for BKSY
Daniel Hibshman
Craig-Hallum Capital Group LLC
2 questions for BKSY
David Storms
Stonegate Capital Partners
2 questions for BKSY
Edison Yu
Deutsche Bank
2 questions for BKSY
Jeff Van Rhee
Craig-Hallum Capital Group LLC
2 questions for BKSY
Greg Burns
Sidoti & Company, LLC
1 question for BKSY
Gregory Burns
Sidoti & Company
1 question for BKSY
Robert Lynch
Stonegate Capital Partners
1 question for BKSY
Recent press releases and 8-K filings for BKSY.
- BlackSky Technology Inc. successfully integrated its third Gen-3 satellite into commercial operations in just three weeks following launch.
- This rapid commissioning reflects an exponential increase in speed, with the first Gen-3 unit taking longer and subsequent units delivering imagery as fast as twelve hours.
- Customers now have access to all three current Gen-3 satellites through the Spectra platform, enabling time-diverse, high-cadence day and nighttime imagery, and AI-enabled analytics for detection and identification.
- The company plans to grow the constellation at a regular cadence, expanding capacity, lowering latency, and increasing applications for real-time and predictive monitoring.
- BlackSky Technology Inc. entered into a Sales Agreement on December 12, 2025, to offer and sell shares of its Class A common stock.
- The company may sell shares with an aggregate offering price of up to $100,000,000 through Deutsche Bank Securities Inc. and Craig-Hallum Capital Group LLC as sales agents.
- The offering will be conducted as an "at the market offering", allowing for sales in negotiated transactions, block transactions, or directly on the New York Stock Exchange at market prices.
- The sales agents will receive compensation of up to 3.0% of the gross proceeds from all shares sold under the agreement.
- BlackSky reported YTD 2025 revenue of $71.4 million and a YTD Adjusted EBITDA loss of $7.9 million.
- The company secured over $60 million in new contracts, including a $30 million contract for Gen-3 tactical ISR services with an international defense customer. International customers now account for 50% of BlackSky's revenues and over 90% of its backlog.
- BlackSky's Q3 2025 cash balance increased to $147.6 million, bringing total liquidity to over $200 million.
- The company maintained its full-year 2025 guidance, projecting revenue between $105 million and $130 million and Adjusted EBITDA between $0 million and $10 million.
- Expansion of the Gen-3 constellation continues, with the next satellite prepared for launch and the full commercial constellation expected to be operational in 2026.
- BlackSky Technology reported total revenue of $71.4 million for the first nine months of 2025, consistent with the prior year, though Q3 2025 revenue was negatively impacted by approximately $4 million due to reductions in the EOCL contract. Adjusted EBITDA for the first nine months of 2025 was a loss of $7.9 million.
- The company ended Q3 2025 with a strong liquidity position of over $200 million, including $147.6 million in cash, restricted cash, and short-term investments, which is more than double the cash balance from a year ago. BlackSky is maintaining its full-year 2025 guidance and anticipates a strong Q4 and high visibility growth in 2026.
- BlackSky was awarded over $60 million in new contracts, primarily with international customers, leading international revenues to represent about half of total revenues and over 90% of the backlog. The company continues to expand its Gen-3 constellation, with a goal of having at least 12 Gen-3 satellites operational by the end of 2026.
- BlackSky Technology Inc. reported total revenue of $19.6 million and a net loss of $15.3 million for the third quarter ended September 30, 2025.
- The company's backlog reached $322.7 million, with approximately 91% derived from international contracts.
- BlackSky secured over $60 million in new contract awards during the quarter, including a multi-year contract valued at over $30 million with a strategic international defense customer.
- As of September 30, 2025, the cash balance increased to $147.6 million, supported by $65.9 million in net cash proceeds from a convertible note offering and $10.8 million from the exercise of certain warrants.
- The company maintains its full-year 2025 guidance for revenue, adjusted EBITDA, and capital expenditures.
- BlackSky Technology reported total revenue of $19.6 million for the third quarter of 2025, alongside a net loss of $15.3 million and an Adjusted EBITDA loss of $4.5 million.
- The company secured over $60 million in new contract awards, boosting its backlog to $322.7 million, with approximately 91% from international contracts.
- As of September 30, 2025, the cash balance increased to $147.6 million.
- The next Gen-3 satellite is at the launch site for an anticipated launch in the coming weeks, and BlackSky is maintaining its full-year 2025 guidance for revenue, adjusted EBITDA, and capital expenditures.
- BlackSky reported $102 million in revenue for 2024, demonstrating a +44% annual CAGR from 2021 to 2024, and achieved positive Adjusted EBITDA of $12 million in 2024, a significant improvement from $(44) million in 2021.
- The company has provided 2025 full-year guidance, projecting revenue between $105 million and $130 million and Adjusted EBITDA between $0 million and $10 million.
- BlackSky has been awarded multi-year contracts valued up to approximately $2.4 billion, with its backlog as of September 30, 2025, primarily composed of contracts with the U.S. Government (~91%).
- The Gen-3 constellation, designed to deliver 35cm resolution with a revisit rate and delivery timeline of approximately 60 minutes, had its first successful launch on February 18, 2025, with two satellites deployed and another prepared for launch.
- In November 2024, BlackSky acquired LeoStella, vertically integrating satellite manufacturing to gain full control over production and economics for its Gen-3 constellation.
- BlackSky Technology Inc. won a multi-year contract valued at over $30 million.
- The contract is for integrating Gen-3 high-cadence tactical ISR services into a strategic international defense customer’s secure environment.
- This solution aims to accelerate sovereign space-based intelligence capabilities by leveraging commercial technology for high-frequency, low-latency Gen-3 capabilities and AI-enabled analytics.
- The enhancements will enable BlackSky’s commercial high revisit constellation to operate seamlessly within the customer’s secure workflows, delivering fully secure and autonomous operations.
- BlackSky reported $102 million in revenue and $12 million in Adjusted EBITDA for 2024. As of June 30, 2025, the company held $95 million in cash and cash equivalents and $122 million in total debt.
- The company has been awarded multi-year contracts valued up to approximately $2.4 billion. BlackSky is expanding its Gen-3 constellation, with two satellites deployed as of August 2025 and ten more planned by the end of 2026.
- In November 2024, BlackSky acquired LeoStella to vertically integrate satellite manufacturing. The company also successfully raised $185 million in an upsized convertible note offering.
Quarterly earnings call transcripts for BlackSky Technology.
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